Articles and Quotes
2008 - 2007 - 2006 - 2005 - All previous
2008
Scotsman
8 November 2008
Article
A little maths can go a long way as brains play tricks
by Alan Steel
“Stop accepting the consensus view that all is good or all is bad. Learn the difference between numbers and percentages.”
Scotland on Sunday
2 November 2008
Article
Doom and gloom is only one side of the economic story
by Alan Steel
“J K Galbraith reminded us in economics the majority is always wrong.”
Independent
1 November 2008
Quote
Is it time to give up on equities?
by James Daley
Alan Steel said, “The global boom is not over.”
The Herald
1 November 2008
Quote
Commission clampdown poser for City Watchdog
by Simon Bain
Steven Forbes, Managing Director, said his firm had always set a maximum 3% on commissions for bonds or unit trusts.
ASAM
28 October 2008
Article
Informing You - Update
by Steven Forbes
"The upshot - we still firmly believe the patient investor will be rewarded."
Scotsman
25 October 2008
Quote
Protection and hand-holding are key roles for all IFAs now
by Jeff Salway
Steven Wilson said, “We believe there is incredible value in the market now, but as sentiment is poor this has not been reflected in share prices as yet.”
Sunday Times
19 October 2008
Quote
How to burn a profit by playing the cycle
by Stephen Spurden
Alan Steel has increased his exposure to the US.
Sunday Herald
19 October 2008
Quote
The man who knows too much?
by Steven Vass
Alan Steel said, "Journalists like Peston should be held accountable."
ASAM
17 October 2008
Article
Informing You - Update
by Steven Forbes
Steven Forbes, Managing Director, refers to this article, written by Simon Jenkins, in The Guardian, 22 October 2008 as “wise words”.
Insider
14 October 2008
Quote
Sheltering from the storm
by Lesley Campbell
Steven Forbes, Managing Director, said, “The patient investor can take advantage of the negativity at times like these.”
Scotsman
11 October 2008
Article
Fat-cat bankers are not the only ones to blame for crisis
by Alan Steel
“Providing debt to those unable to service it is like throwing an anvil to a drowning man.”
Daily Telegraph
11 October 2008
Article
A bull market is around the corner
by Alan Steel
"Keep your eye on lighthouses and not the fog."
ASAM
10 October 2008
Article
Informing You - Update
by Steven Forbes
Steven Forbes, Managing Director, reminds us of Sir John Templeton's words.
ASAM
8 October 2008
Article
Banks - Update
by Steven Forbes
Steven Forbes, Managing Director, advises what to do if you have cash with ING.
Sunday Times
5 October 2008
Quote
How the experts thrive in a crash
by Jennifer Hill
Alan Steel tells what he is doing with his money in this crisis.
Scotland on Sunday
5 October 2008
Quote
After a week that saw the world's financial systems teeter on the brink... How bad can it get?
by Dani Garavelli
Alan Steel tells what the world’s richest man, Warren Buffett, was doing while the US bail-out was being discussed.
ASAM
3 October 2008
Article
Informing You - October 2008
by Alan Steel
“We promise to keep you informed of important information like this ignored by much of the media.”
CA Magazine
2 October 2008
Quote
Game for Growth
by Ian Harper
Graeme Currie, Director, talks about alternative investments.
The Herald
1 October 2008
Quote
Investors seek alternative ‘safe havens’
by Alison Campsie and Chris Watt
Alan Steel said, “If you are looking to invest in something look at what Warren Buffett is doing.”
Scotsman
20 September 2008
Quote
Markets mayhem causes more than a little difficulty for IFAs
by Jeff Salway
Steve Wilson said, “With the current volatility comes opportunities and, as a result, we have increased our exposure to the US as we believe this to be very undervalued for the long term.”
ASAM
18 September 2008
Article
HBoS Crisis Update
by Steven Forbes
Our views on the handling of the HBoS takeover.
The Herald
17 September 2008
Quote
Banks here are shaken....but experts say savings are safe
by Damien Henderson
Alan Adam, Financial Consultant, said, “We are a long way from a Northern Rock or Lehman Brothers situation.”
The Herald
16 September 2008
Quote
4500 UK staff face uncertain future as failed US bank Lehman Brothers closes doors
by William Tinning
Steve Wilson, Financial Consultant, said “It’s a case of America sneezes and the UK catches a cold.”
Scottish Television
16 September 2008
Television
Share slump hits Scottish business
by David Cowan, Scotland Today's Chief Reporter
Graeme Currie, Director said, “Too many people are going to home in on the negatives. But people shouldn’t panic.”
Scotsman
13 September 2008
Article
The good news is that we always get over the bad news
by Alan Steel
“Remember, we made it through all the other crises and we’ll make it through this one too.”
Standard Life Magazine
12 September 2008
Quote
Nine killer strategies of smart money makers
by the editor
Alan Steel said, “Follow money, rather than headlines.”
The Independent
6 September 2008
Quote
Burgernomics: Why the price of a Big Mac may hold the key to better investment returns
by James Daley
Alan Steel says this is a great time for investors to buy into US mutual funds.
ASAM
4 September 2008
Article
Letter from Linlithgow - September 2008
by Alan Steel
"Please pay little attention to politicians if you can."
CA Magazine
1 September 2008
Quote
Financial lessons
by Ian Harper
Alan Steel said, "The key is to start as early as you can."
ASAM
1 September 2008
Article
Informing You - September 2008
by Steven Forbes
"It will be rewarding for those who stick with it and ignore the hyperbole."
The Independent
30 August 2008
Quote
Where to find winners when markets are slumping and recession looms
by James Daley
Alan Adam, Financial Consultant, believes equity income funds present some of the best opportunities for playing the recovery.
Business7
29 August 2008
Quote
Break the borrowing habit - ditch debt and start saving
by Lesley Campbell
Alan Steel has some simple advice for anyone looking for an IFA.
Daily Telegraph
23 August 2008
Quote
Should you pick 'n' mix your shares as the big names flounder?
by Kara Gammell
Steve Wilson, Financial Consultant, suggests funds which have potential.
Sunday Times
17 August 2008
Quote
Is it time to back America again?
by Jennifer Hill and Kathryn Cooper
Alan Steel said, "This is the start of a major move."
Scotsman
16 August 2008
Article
This windscreen is the prescription for future success
by Alan Steel
“A two-headed monster set to destroy our finances on an unprecedented scale.”
Scotsman
9 August 2008
Quote
Keep your retirement plans well on track
by Jeff Salway
Given the prevailing markets, Alan Steel suggests what to do with your pension pot if you are due to retire.
CA Magazine
4 August 2008
Article
Blow the economic myths
by Alan Steel
“Unfortunately, much of the information we blindly accept does not stand up to scrutiny.”
Daily Telegraph
2 August 2008
Quote
Investing in China
by Ian Cowie
Alan Steel has researched Olympic host countries’ stockmarkets.
ASAM
1 August 2008
Article
Informing You - August 2008
by Steven Forbes
"I believe that regulation of this part of the industry is long overdue."
Moneywise
21 July 2008
Quote
Why are Britain’s biggest funds sinking?
by Sonia Speedy
Alan Adam, Financial Consultant, tells what the current markets mean for existing and new investors.
Scotsman
19 July 2008
Article
Listen to reason when emotion is running the markets dry
by Alan Steel
“Keep an open mind. Try to be flexible, open minded and sceptical.”
Sir John Templeton
Scotsman
19 July 2008
Quote
IFA of the Year competitors hoping downturn in a bid to turn a profit
by Bill Jamieson
Steve Wilson, Financial Consultant, said, "In times like this, it's best to be disciplined."
ASAM
14 July 2008
Article
Letter from Linlithgow - July 2008
by Alan Steel
"Never make investment decisions based on emotion."
Sunday Telegraph
13 July 2008
Quote
Credit crisis roars FTSE 100 into a bear market
by Harry Wallop
Alan Steel said, “These things come in cycles and bear markets don't last nearly as long as bull markets.”
Scotsman
12 July 2008
Quote
Where is the best place to put your cash?
by Jeff Salway
Alan Steel is a great believer in the North America story.
ASAM
1 July 2008
Article
Informing You - July 2008
by Steven Forbes
Steven Forbes looks at matters making headlines just now.
Fund Strategy
30 June 2008
Quote
Ship comes in
by Simon Hildrey
Alan Steel says it is not necessary for UK investors to go offshore.
Daily Telegraph
21 June 2008
Article
There is a positive US story hidden amid the pessimistic views
by Alan Steel
“Erroneous negative news is blurring the facts.”
Scotsman
21 June 2008
Article
Jargon is a barrier to clear understanding of the poor state our pensions are in
by Alan Steel
"With investments, you only discover you've bought a pup when it's too late to correct the error."
ASAM
12 June 2008
Article
Letter from Linlithgow - June 2008
by Alan Steel
"Here's a little bit of magic."
Daily Telegraph
7 June 2008
Quote
Time to look at the rising sun again
by Nina Montagu-Smith
Alan Steel gives his choice of Japanese fund.
Linlithgow Journal & Gazette
6 June 2008
Quote
Businessman hands over cash to help town’s tourism development group
by Irene McKinnon
Alan Steel said, “It’s nice to help local people and it’s a good thing for the local economy.”
Scotsman
2 June 2008
Quote
Oh dear, mind your eye, here comes Mr Cheerful
by Bill Jamieson
Mike Williams, an American stock-market guru and guest of Alan Steel, believes we have all been blinded by the black pessimism of newspaper headline writers.
ASAM
2 June 2008
Article
Informing You - June 2008
by Steven Forbes
"Now is a time to buy into low markets and not sell."
ASAM
30 May 2008
Article
Stockmarket Update - Icebergs in the Fog
by Alan Steel
“Things that should be obvious sometimes don’t appear so.”
Citywire
28 May 2008
Article
Contrarian investor Mike Williams is the new manager of the Richmond Core Fund
by Dylan Lobo
Alan Steel said, “There was a meeting of minds between Mike and ourselves.”
Scotsman
24 May 2008
Article
Relax, smile ... you too can kick the global fear addiction
by Alan Steel
"We've become addicted to fear."
Moneywise
23 May 2008
Quote
A hands-on way to grow your pension pot
by Nina Montagu-Smith
Alan Steel warns it is wise not to get carried away with your SIPP.
Scotsman
17 May 2008
Quote
Weathering the financial storm proves acid test
by Bill Jamieson
A close second is Steve Wilson of Alan Steel Asset Management showing a 4.3% gain to £313,030.
Daily Telegraph
16 May 2008
Quote
Investment growth opportunities: time to take advantage of low asset prices
by Myra Butterworth
Alan Steel says, "Lessons from history tell us that one of the best times to buy is after a correction."
Scotsman
10 May 2008
Quote
Commercial Property - is it time to jump back in?
by Jeff Salway
Alan Steel believes there is a lot of investment cash waiting to get back into commercial property.
Scotland on Sunday
4 May 2008
Article
Ignore the herd's fear: there is no global recession
by Alan Steel
“The retail figures are so seriously flawed there’s no point in using them.”
Scotland on Sunday
4 May 2008
Quote
Changing the name of the game
by Rosemary Gallagher
Alan Steel said, “The change will confuse clients and gives advisers yet another thing to explain.”
Linlithgow Gazette
2 May 2008
Article
A wealth of advice is waiting
by the editor
ASAM believes in old-fashioned service values and clients’ needs come first.
ASAM
1 May 2008
Article
Informing You - May 2008
by Steven Forbes
"We believe the market represents good value."
ASAM
28 April 2008
Article
Letter from Linlithgow - April 2008
by Alan Steel
"It's wise to challenge commonly held assumptions."
Scotsman
26 April 2008
Article
Be on your guard - sensible people can easily be sucked in, and at great cost
by Alan Steel
“When he decided to cash in, the nice man had disappeared.”
Citywire
22 April 2008
Quote
Lombard offshore bond beats trusts in preserving wealth, Steel says.
by Michelle McGagh
ASAM is taking advantage of an offshore bond that beats expensive trusts as a way to preserve wealth across generations.
Citywire
22 April 2008
Quote
Gift bonds give trusts a run for their money
by Michelle McGagh
Alan Steel found a bond that knocks the need for trusts on the head.
Scotsman
19 April 2008
Quote
Volatile markets make life a little difficult for our IFAs
by Rosemary Gallagher
Steve Wilson, Financial Consultant, said, “The first thing to remember is this is not a ten-week competition, nor was our strategy.”
The Herald
19 April 2008
Article
Question and Answer
by the editor
Alan Steel answers a reader’s question.
Scotland on Sunday
6 April 2008
Quote
Endowments still maturing with profits for a lucky few
by Nic Cicutti
Alan Steel said, “For as long as I have been in business there have been economic downturns.”
Daily Telegraph
5 April 2008
Quote
Grab a slice of blue-chip American pie
by Myra Butterworth
Alan Steel is recommending a "once in a blue moon opportunity" to his clients.
Weekly Telegraph
2 April 2008
Quote
Budget 'climbdown' welcomed by analysts
by the editor
Fiona Middlemiss, Technical Services Manager, comments on non-domicile residency and Off-shore Bonds.
ASAM
1 April 2008
Article
Informing You - April 2008
by Steven Forbes
"No previous Chancellor was as adept at hiding ways of raising tax."
Scotsman
29 March 2008
Article
You musn't stay in the harbour for long
by Alan Steel
“Value style investment managers right now are like bairns in a sweetie shop.”
Daily Telegraph
29 March 2008
Quote
Family's fortunes could well depend on bearing the risk from the outset
by Nina Montagu-Smith
Alan Steel said, “With an income fund, you can get excellent performance as you are reinvesting the dividends.”
Financial Times
27 March 2008
Quote
Equities: building with BRICs
by Matthew Vincent
Graeme Currie, Director, said, "The question now is how much steam is left in them?"
Sunday Herald
23 March 2008
Quote
Keep your head in times of market trouble
by Naomi Caine
Alan Steel said, “The fall in the markets gives investors a remarkable buying opportunity.”
Scotland on Sunday
23 March 2008
Quote
Is ISA tax break worth the risk?
by Teresa Hunter
Alan Steel said, “Investor logic for staying out makes no sense at all.”
Daily Telegraph
22 March 2008
Article
Economic crisis? Depends which way you describe it
by Alan Steel
“Evidence is mounting suggesting US Dollar strength to be the next surprise.”
Scotsman
22 March 2008
Article
All that glitters ...
by Alan Steel
“Two years from now, it will be interesting to see how well US large cap shares have done, seeing as nobody wants them.”
Sunday Telegraph
16 March 2008
Quote
Set sail for the swashbuckling ISAs
by Paul Farrow
Alan Steel has suggestions for the gung-ho investor
Scotsman
15 March 2008
Quote
Prize Asset
by the editor
ASAM UK Top 3 and Top Scottish Best Investment IFA.
Scotsman
15 March 2008
Quote
Top advice key as choices get harder
by the editor
Steve Wilson decided to take more exposure to emerging markets and the US as he feels both these areas are under valued.
ASAM
12 March 2008
Article
Stockmarket Update
by Alan Steel
Alan Steel, Chairman, e-mailed clients advising all evidence supports our belief this is a correction in an ongoing bull market.
Sunday Telegraph
9 March 2008
Quote
The Best ISAs for Mr Average
by Paul Farrow
Alan Steel gives his "steady eddie" choices.
Glasgow Herald
8 March 2008
Quote
Question and Answer
by the editor
Alan Steel answers a reader’s question
Scotsman
4 March 2008
Quote
Government advice service attacked by financial industry
by Rosemary Gallagher
Alan Steel said, “Why spend millions to set up the service when we already have Citizens’ Advice Bureau?”
ASAM
3 March 2008
Article
Informing You - March 2008
by Steven Forbes
"The tinkering with our tax system continues unabated."
Sunday Telegraph
2 March 2008
Quote
Ideal ISAs for nervous Investors
by Paul Farrow
Alan Steel suggests ISAs for cautious investors.
Scotsman
1 March 2008
Article
For sophisticated, read expensive for SIPPs packages
by Colin MacPherson
“Suspicion remains that the current popularity of SIPPs has more to do with the marketing imperatives of some of the biggest players in the business.”
ASAM
26 February 2008
Article
Letter from Linlithgow - February 2008
by Alan Steel
"Thank goodness for the generations of optimists who bring us through these times."
Scotland on Sunday
24 February 2008
Article
The perfect investment? Absolutely not.
by Alan Steel
“When very smart people in the investment industry invent products few people understand, don’t go there.”
Scotsman
23 February 2008
Article
Good News for Investors - Poor ISA Season Tipped
by Alan Steel
“It’s time for private investors to pay attention. This is not time for caution.”
Daily Telegraph
23 February 2008
Quote
Health funds can inoculate against virus of recession
by Nina Montagu-Smith
Alan Steel chooses a more generalist fund.
Linlithgow Gazette
22 February 2008
Quote
Marquee ceilidh raises more than £6000 for fund
by the editor
Alan Steel Asset Management was main sponsor of fund raising ceilidh.
Sunday Times
10 February 2008
Quote
Ten hidden gems for your ISA fund this year
by David Budworth
Alan Steel suggests investors steer clear of Japan.
Insider Magazine
8 February 2008
Quote
The burning question
by the editor
Alan Steel says, in all probability, there will not be a recession.
CA Magazine
8 February 2008
Quote
Does it pay to go off-shore?
by Ian Harper
Alan Steel comments on the continuing use of Off-shore Bonds.
Financial Solutions
4 February 2008
Article
Daily Telegraph
2 February 2008
Quote
A double chance of rich rewards
by Kara Gammell
Steve Wilson, Financial Consultant, said “Yields from Income Funds look extremely attractive and the sector should bounce back in 2008.”
ASAM
1 February 2008
Article
Informing You - February 2008
by Steven Forbes
"Warren Buffett says, 'Optimism is the enemy of the rational buyer.'"
Daily Telegraph
30 January 2008
Quote
ISA Ideas
by Ian Cowie
Alan Steel gives his ISA ideas for various classes of investor.
Scotland on Sunday
27 January 2008
Quote
Shelter savings from the storms
by Teresa Hunter
Steve Wilson, Financial Consultant, said the crucial thing when going back into the market is to choose a well-run fund with a good track record.
Scotsman
26 January 2008
Article
Beware of the bogeymen's tall tales
by Alan Steel
“Forecasts of economic doom and gloom are often based on a biased interpretation of facts.”
Daily Telegraph
25 January 2008
Quote
A less taxing way of saving in these roller-coaster markets
by Teresa Hunter
Steve Wilson, Financial Consultant, chooses a low risk approach.
Scotsman
19 January 2008
Quote
Property funds fear rush for the exit doors
by Rosemary Gallagher
David Scott, Financial Consultant, was astonished that the move by Scottish Equitable is being compared to Northern Rock.
Scotsman
19 January 2008
Quote
Scotsman IFA of the Year Competition 2008
by Rosemary Gallagher
Steve Wilson, Financial Consultant, sees the real opportunities over the next 12 months coming from overseas markets.
ASAM
18 January 2008
Article
Stockmarket update
by Steven Forbes
Steven Forbes, Managing Director, e-mailed clients explaining why it is not a time to panic.
Daily Telegraph
12 January 2008
Quote
Greetings from emerging markets
by Harriet Meyer
Alan Steel said, “History tells us any sharp stockmarket falls are likely to be short-term knee jerk reactions.”
Scotsman
8 January 2008
Quote
Scots funds rank high in top performers of 2007
by Rosemary Gallagher
Alan Steel said, “This year, areas such as Latin America and China should continue to do well, especially China.”
Sunday Telegraph
6 January 2008
Quote
How to avoid drowning in a sea of debt
by Myra Butterworth
Alan Steel said, “The quickest way to double your money is to take the notes out of your wallet, fold them in half, and put them back!”
Sunday Times
6 January 2008
Quote
25 ways to make a profit in 2008
by David Budworth
Alan Steel gives his choices
Sunday Times
6 January 2008
Quote
No 1 again – 41% profit in 5 months!
by David Budworth
Alan Steel is the winner.
Sunday Telegraph
6 January 2008
Quote
Are rising prices a golden opportunity?
by Myra Butterworth
Alan Steel said, “Private investors sentiment is showing excessively high optimistic levels, a strong sell signal.”
CA Magazine
3 January 2008
Article
Fall in with the best predictions
by Alan Steel
Alan Steel finds some interesting indicators to follow for stockmarket investment success in 2008.
ASAM
3 January 2008
Article
Informing You - January 2008
by Alan Steel
"What do you believe to be true that's actually false?"
Glasgow Herald
1 January 2008
Quote
Our big ideas for a vintage 2008
by Alan Steel
Alan Steel said, “Just one thing.”
2007
Scotsman
29 December 2007
Quote
Launch of The Scotsman IFA of the Year 2008 Competition
by Rosemary Gallagher
Included in ten of the best prepared to do battle for the IFA of the year title is Steve Wilson, Financial Consultant
Scotsman
29 December 2007
Quote
2008 could see interesting times
by Rosemary Gallagher
Alan Steel said, "Next year should see a strengthening of the US dollar and good gains in US and emerging market funds."
Daily Telegraph
29 December 2007
Quote
So what does 2008 hold for investors?
by Emma Wall
Alan Steel gives his top tips for 2008.
Daily Telegraph
29 December 2007
Article
Oil’s Well
by Alan Steel
"It’s what we’re not told that creates surprises. The US is working."
Sunday Telegraph
23 December 2007
Quote
Investors get final say over Equitable
by Teresa Hunter
Alan Steel said, “The worst that can happen to these poor souls is that there is no change in performance, and the takeover makes no difference.”
Professional Adviser
20 December 2007
Quote
Hot Shots
by David Carr
Mark Thomas of River & Merchantile reckons ASAM is a great business and provides great guys on the golf course too.
Scotsman
20 December 2007
Quote
Invesco knocks rival Fidelity off top spot
by Rosemary Gallagher
Alan Steel said, “There have been some difficulties with the analysts at Fidelity for the last couple of years.”
ASAM
13 December 2007
Article
Letter from Linlithgow - December 2007
by Alan Steel
“The global boom continues despite experts' worst predictions.”
Scotsman
8 December 2007
Article
It’s time to start believing in a happy new year
by Alan Steel
“Contrary to gloom merchants’ predictions, shoppers are flooding our streets and Christmas will be a retail bonanza.”
ASAM
3 December 2007
Article
Informing You - December 2007
by Alan Steel
"Alan Steel tells of some gems collected over the years."
CA Magazine
1 December 2007
Quote
Happily ever after
by Ian Harper
Colin MacPherson, Technical Consultant, said, “As retirement approaches, it is imperative to protect the purchasing power of a pension by moving into lower risk vehicles.”
Citywire
28 November 2007
Quote
Hold or Fold – Jupiter UK Growth vs Rensburg UK Select Growth
by Tim Cooper
Steve Wilson, Financial Consultant, says whether to ‘hold or fold’.
Glasgow Herald
24 November 2007
Quote
Personal Finance – Questions and Answers
by the editor
Colin MacPherson, Pensions Manager, answers a reader’s question.
BBC Radio Scotland
23 November 2007
Quote
Steve Forbes on the strength of the Dollar
by Fred MacAulay
Steve Forbes said, “A weak currency is actually quite good for an economy and it has certainly helped the US.”
Investment Week
21 November 2007
Article
Logie Cassells joins Alan Steel
by the editor
Logie Cassells has joined Alan Steel Asset Management as Investment Strategist.
Scotsman
16 November 2007
Article
On the contrary, there are grounds for economic optimism
by Bill Jamieson
"It’s refreshing when a US commentator dares to point out that worse crises than this have passed."
Glasgow Herald
14 November 2007
Article
Fear over sub-prime mortgage debt is 'beyond lunacy' says leading US analyst.
by Simon Bain
Mike Williams, one of New York’s leading analysts and guest of Alan Steel, said, “The sub-prime fear stalking the markets is so overblown it is beyond lunacy.”
Scotsman
10 November 2007
Article
Was it all just a dream?
by Fiona Middlemiss
“Take the longer view on what you want to achieve and lay the financial foundations to achieve it.”
Scotsman
3 November 2007
Article
Principles mean nothing if profit is all
by Alan Steel
“Recycling current legislation will not improve protection to savers and investors."
Daily Telegraph
3 November 2007
Quote
America on the cheap: how to profit from the weak dollar
by Myra Butterworth
Alan Steel said, “Traditionally, when sentiment on the dollar is weak, that is when most people are pessimistic about it and it tends to be a time to buy."
ASAM
2 November 2007
Article
Informing You - November 2007
by Steven Forbes
"Experienced long term investors ignore the noise."
Daily Telegraph
20 October 2007
Quote
Investing in China
by Kara Gammell
Alan Steel gives his opinion on profiting from China’s success.
Linlithgow Journal & Gazette
19 October 2007
Quote
Carriden Band Concert
by the editor
This year’s concert has been sponsored by Alan Steel Asset Management.
ASAM
19 October 2007
Article
Letter from Linlithgow - October 2007
by Alan Steel
"When everybody knows, you are looking in the wrong direction. 'Everybody knows' is a decoy. Don’t fall for it. What you should be doing is following those in the know."
Daily Telegraph
6 October 2007
Quote
Emerging markets - homing in on new workhouses
by Kara Gammell
Alan Steel said, “The bull market in world stockmarkets since late 2002 is probably the best kept investment secret.”
ASAM
1 October 2007
Article
Informing You - October 2007
by Steven Forbes
Steven Forbes writes about the recent Budget.
Scotsman
29 September 2007
Article
Northern Wreck
by Alan Steel
"The debacle has exposed the shortcomings of bank-policing systems. It would be different if McFall was in charge."
Scotsman
29 September 2007
Quote
A room with a view can have real potential
by Sonia Speedy
Alan Adam, Financial Consultant, suggests a good-quality property fund manager would be able to offer similar exposure, but with a wider investment diversification.
Scotland on Sunday
23 September 2007
Quote
Investors stranded in with-profits trap
by Teresa Hunter
Alan Steel said, “Investors have put all their life savings into with-profit bonds without understanding what they have bought.”
Sunday Telegraph
23 September 2007
Quote
With-profits: even advisers are unsure
by Teresa Hunter
Alan Steel is concerned about big chunks of money which have been put into with-profit bonds without the consumer understanding what they have bought.
Daily Telegraph
22 September 2007
Quote
Silver lining investment strategies
by Kara Gemmell
Alan Steel said, “The Chinese symbol for crisis consists of two separate symbols, one representing danger - the other opportunity.”
Scotland on Sunday
16 September 2007
Article
I'm sorry to burst your bubble but life will carry on
by Alan Steel
"You would beat economists' stockmarket predictions by tossing a coin."
Daily Telegraph
15 September 2007
Quote
Keep the whole family in your pension pot
by Nina Montagu-Smith
Colin MacPherson, Technical Consultant, said, “This product certainly provides more flexibility and options than were previously available."
The Herald
8 September 2007
Quote
Personal Finance - Questions & Answers
by the editor
Alan Steel answers a question about the US sub prime mortgage problem.
ASAM
3 September 2007
Article
Informing You - September 2007
by Alan Steel
"Long term investors don't knee jerk."
Daily Telegraph
1 September 2007
Quote
Benefit from market turmoil and buy funds on the cheap
by Faith Archer
Alan Steel said, “The chances are it is a buying opportunity for those investors who don’t need their money tomorrow.”
Scotsman
25 August 2007
Article
Just ignore the fog and read the signposts
by Alan Steel
Stockmarket dips have resulted in gloomy prophesies, but it could be the reverse is true.
Glasgow Herald
18 August 2007
Quote
Is the stockmarket’s bumpy ride the start of an economic meltdown?
by Simon Bain
Steve Forbes said, “If you think that this will have no impact on the future profitability of (say) utilities, tobacco or pharmaceutical companies, then we are looking at really good value.”
Scotsman
14 August 2007
Quote
How stockmarket woes could cost all of us dear
by Stephen McGinty
Alan Adam, Financial Consultant, said, “The stockmarket is the only situation when there is sale and people say, 'I'll wait until they go a bit higher'. In other words, this is an opportunity for those confident that it is a blip.”
Sunday Times
5 August 2007
Quote
Where to bag a profit before Christmas
by David Budworth
Alan Steel said, “There has been a secret bull run in technology which most investors have ignored. I would expect the run to continue.”
Daily Telegraph
4 August 2007
Quote
Stockmarket trends - protect your assets
by Myra Butterworth
Alan Steel compared recent stockmarket volatility to the turbulence experienced on a long haul flight.
ASAM
1 August 2007
Article
Informing You - August 2007
by Steven Forbes
"Act like an experienced flier and have a look at the "duty free" stockmarket trolley."
Scotland on Sunday
29 July 2007
Quote
When you have Friends like this...
by Teresa Hunter
Alan Steel said, “Many of these policyholders have received no return over the past four years, while stock markets have been soaring away.”
Sunday Telegraph
29 July 2007
Quote
Markets: when to panic
by Paul Farrow
Alan Steel said, “I'm not worried and I don't believe this is the time to go defensive - it is a powerful buying opportunity.”
Scotsman
28 July 2007
Article
The eternal optimist with uncanny insight
by Alan Steel
“In 1982 he correctly predicted the future of business. In 2007 can the Oracle do it again?”
ASAM
26 July 2007
Article
Letter from Linlithgow – Summer 2007
by Alan Steel
Alan Steel says global growth and high liquidity will continue for a long time.
Daily Telegraph
21 July 2007
Quote
Technology light flashes amber
by Melanie Wright
Alan Steel said, “Technology is a kind of secret bull market because nobody is talking about how the best funds are doing but the closure of the Aegon fund could be a clear buying signal for the brave contrarian.”
Daily Telegraph
21 July 2007
Quote
How to make savings child’s play
by Myra Butterworth
Alan Steel said, “Invesco Perpetual Income funds have delivered with aplomb since launch 28 years ago.”
Scotsman
14 July 2007
Quote
Tight year holds growth
by David Scott
"Not the whopping 40 per cent of last year, but a tough market still made four times what deposits in a bank would return."
Scotsman
14 July 2007
Quote
IFAs spy opportunities as they take stock over lunch
by Rosemary Gallagher
Alan Adam, Financial Consultant, says, “I’m quite upbeat about the next two to three years.”
Money Marketing
10 July 2007
Quote
Advisers call for Equitable chief to be sacked
by Katie Baier
Alan Steel says, “The problem is it makes no difference to the poor policyholders of Equitable Life.”
ASAM
2 July 2007
Article
Informing You - July 2007
by Alan Steel
"In keeping with previous years at this time, we thought we'd cheer you up."
Daily Telegraph
30 June 2007
Article
Private investors ignore history lessons at their peril
by Alan Steel
Alan Steel writes, " By far the most important factor to keep you on track and away from the clutches of pessimists is contrarian sentiment."
Scotsman
30 June 2007
Article
Pensions are as simple as 1, 2, 4, 72 ...
by Alan Steel
Alan Steel said, “The quality of your life in retirement depends entirely on how well you’ve invested surplus income during your production years.”
Daily Telegraph
30 June 2007
Quote
Key steps to a blissful retirement
by Melanie Wright
Alan Steel said, “By and large it’s a mix of value style equities and fixed interest, usually with some built-in protection against a falling market.”
Daily Telegraph
9 June 2007
Quote
Is it time to heed profits of doom?
by Stephen Spurdon
Alan Steel said, “It seems to me that we are a good two and a half years away from the top of the market.
Scotsman
9 June 2007
Quote
Time to reckon up and see who takes the prize
by The Editor
David Scott said, “We tend to believe you should invest where there is value, and sometimes you can be too early, but this only shows up in the short term.”
Sunday Telegraph
3 June 2007
Quote
You can still earn more offshore
by Emma Simon
Fiona Middlemiss, Tax and Trust specialist, said, “Those investing larger sums also have greater flexibility, as they are able to switch funds within the wrapper without any CGT charge.”
Scotsman
2 June 2007
Article
You can wrap up a lot in a pension
by Alan Steel
Alan Steel says you can do much more with tax-efficient retirement products than you may think.
ASAM
1 June 2007
Article
Informing You - June 2007
by Steven Forbes
Steven Forbes gives his view on the current market.
ASAM
17 May 2007
Article
Letter from Linlithgow - May 2007
by Alan Steel
Alan Steel said, “It’s probably not a bad idea to nibble away at one or two technology funds if you haven’t already done so.”
Sunday Telegraph
6 May 2007
Quote
Another tech fund cashes in its chips as the fallout continues
by James Phillipps
Alan Steel says technology investors are unlikely to come back until the next bubble.
Scotsman
5 May 2007
Quote
World of opportunity on the stockmarkets
by John Chatfeild-Roberts
The Scotsman IFA of the Year Competition 2007 is entering the final straight.
Scotsman
5 May 2007
Article
Still plenty of value in the Dow
by Alan Steel
Alan Steel says to ignore the pessimists; US equities remain cheap.
ASAM
1 May 2007
Article
Informing You - May 2007
by Alan Steel
"Sell in May and go away doesn't work."
Daily Telegraph
28 April 2007
Quote
Muscle in on the weak dollar
by Faith Archer
Alan Steel is optimistic about the prospects for the US economy.
Daily Telegraph
7 April 2007
Quote
How to build your retirement fund
by Ian Cowie and Kara Gammell
Alan Steel said, "What's the last and most important rule? Invest in the best funds."
Scotsman
7 April 2007
Quote
Healthy gains in sight despite turbulence
by John Chatfeild-Roberts
David Scott believes he has the right asset allocation profile and is confident that time will show that.
Financial Times
7 April 2007
Quote
Finding your way through the multi-asset maze
by Dido Sandler
Alan Adam said, “A fund's ability to stand out is more about the fund management. It comes back to how good the individual manager is at running the fund."
Scotsman
7 April 2007
Article
Pensions Equity is Pie in the Sky
by Alan Steel
“So bye bye my deserved pensions pie. Sought redress from the Pensions’ levy, but the levy was dry.”
ASAM
2 April 2007
Article
Informing You - April 2007
by Alan Steel
"History tells us the best economic formula lies with reducing tax, not increasing it."
Linlithgow Gazette
30 March 2007
Article
Financial firm sets gold standard
by Paul Collins
Another year, another success story for top Linlithgow financial firm, Alan Steel Asset Management.
Citywire
26 March 2007
Article
Edwards provides a touch of balanced managed class.
by Matthew Goodburn
Graeme Currie believes it is time more people recognised the ability of Midas Capital’s Simon Edwards.
The Times
24 March 2007
Quote
Where the experts invest
by Mark Atherton
Where Alan Steel is placing his ISA allowance for this tax year.
Scotsman
24 March 2007
Quote
Alan Steel Asset Management has been named Investment IFA of the Year 2007
by the editor
'It was praised by judges for the excellence of its research and handling of clients.'
Scotsman
17 March 2007
Quote
Stock market volatility means this could well be a good time to invest
by Rosemary Gallagher
Alan Steel said, “It’s the only situation where people wait for prices to go up, rather than going for a bargain.”
Scotsman
17 March 2007
Quote
Let's not panic over sub-prime 'crisis' in US
by Rosemary Gallagher
Alan Steel has done some useful analysis of the market.
ASAM
16 March 2007
Article
Letter from Linlithgow - March 2007
by Alan Steel
Alan Steel said, "The probability is this is a buying opportunity."
Sunday Herald
11 March 2007
Quote
Perks from bosses can keep your finances healthy
by Nic Cicutti
Alan Steel says any company who does not think life and medical insurance cover is important is deluding themselves.
Scotsman
10 March 2007
Article
Greenspan’s probability factor cut
by Alan Steel
Alan Steel said, “Former Fed chairman helped to spark equity crisis – but then he is trying to sell his memoirs.”
Scotsman
10 March 2007
Quote
Proceed with caution and come out on top
by Ian Fraser
Alan Steel remains bullish on global equities despite the recent market jitters.
Scotsman
10 March 2007
Quote
Equities still most attractive asset class in medium term
by John Chatfeild-Roberts
David Scott said, “I still believe our asset allocation is correct and, despite the recent pull back in the markets, the portfolio has held up reasonably well.”
BBC Radio Scotland
7 March 2007
Quote
Alan Steel on the Boomerang Generation
by Fred MacAulay
Alan Steel chats about the kids who keep coming back again and again and again.
ASAM
1 March 2007
Article
Informing You - March 2007
by Steven Forbes
"Fluctuations have always occurred in the stockmarket."
ASAM
28 February 2007
Article
Broken China?
by Alan Steel
Message from Alan Steel regarding the heavy falls in world markets on Tuesday 27 February.
ASAM
26 February 2007
Article
Letter from Linlithgow - February 2007
by Alan Steel
Alan Steel said he’d rather back stockmarket gurus than those still piling into property.
Sunday Times
25 February 2007
Quote
Why your adviser is after your ISA
by Philip Scott
Alan Steel said the campaign was nothing more than a clever way to get people to recycle their clients’ cash and earn more commission.
Scotsman
10 February 2007
Article
Why false beliefs may cost you dear
by Alan Steel
Alan Steel said economists do make predictions – usually dire ones and usually wrong.
Scotsman
10 February 2007
Quote
Equity optimism with a note of caution
by John Chatfeild-Roberts
David has decided to move out of the Jupiter North American Fund in favour of the NASDAQ and S&P 500 to try and improve performance.
Citywire
5 February 2007
Article
Wheels of Steel
by Mark Battersby
Alan Steel and Steven Forbes sharpen their competitive edge with a keen focus on demographic research and investment cycles.
Daily Telegraph
3 February 2007
Quote
Growth may be back after stunted era
by Melanie Wright
Alan Steel said, “There are some great unloved stocks that stand out, particularly in the technology sector.”
Scotsman
2 February 2007
Quote
Standard Life sees with-profit assets boosted
by Rosemary Gallagher
Alan Steel said, “In the long-term, with-profits are not the best product. They will take a kicking the next time the market falls.”
ASAM
1 February 2007
Article
Informing You - February 2007
by Steven Forbes
"The feel good factor looks like it may last for some time."
Daily Telegraph
27 January 2007
Quote
Don't be taken for a ride
by Ian Cowie
Alan Steel said, “Buying an annuity is even more important than buying a house…”
Scotsman
22 January 2007
Quote
SWIP's direction remains unclear after chief quits
by Alistair McArthur
Alan Steel said to get those superior returns, you have to employ people with passion.
The Herald
16 January 2007
Quote
Standard Life direct approach riles IFAs
by Simon Bain
Alan Steel commented , "I don't think a company that is sitting there holding the funds should be dispensing advice. You have to question in whose interests this is."
Scotsman
16 January 2007
Quote
Thoresen heads 'free financial advice' team
by Rosemary Gallagher
Alan Steel said, “This beggars belief. It's like asking the architect of the Scottish Parliament to advise you on building your home.”
Sunday Herald
14 January 2007
Quote
How to meet the dreaded tax return deadline
by Nic Cicutti
Kathryn Rodger, Tax Consultant, says her tax return service is an add-on to the financial services advice provided by Alan Steel Asset Management.
Scotland on Sunday
14 January 2007
Quote
REITs to become next hot properties
by Lindsey Rogerson
Alan Steel believes the property boom may be reaching its peak.
Scotsman
13 January 2007
Article
Don’t believe everything you hear
by Alan Steel
Alan Steel said, “There are some commonly held misconceptions about pensions that really need to be dispelled.”
Scotsman
13 January 2007
Quote
Returns head for double-digit figures across the board
by Edward Bonham Carter
David’s portfolio has benefited from his decision to reallocate cash held on deposit into relatively aggressive equity funds, such as Jupiter Merlin Worldwide.
Daily Telegraph
9 January 2007
Quote
'We have been technically insolvent for eight years'
by Teresa Hunter
Alan Steel said a satisfactory solution may yet be found.
Scotland on Sunday
7 January 2007
Quote
Struggling friendly societies need a little help to get by
by Teresa Hunter
Alan Steel said he would advise people to maintain their contract obligations.
Sunday Herald
7 January 2007
Quote
Collective property investment launched
by Nic Cicutti
Alan Steel said he is not turned on by REITs.
ASAM
3 January 2007
Article
Informing You - January 2007
by Alan Steel
"This is not a time for caution or sitting in deposits."
2006
Sunday Telegraph
31 December 2006
Quote
Will our Wise Men in the City get it right?
by Emma Simon
Alan Steel gives his top tips for 2007.
Scotsman
30 December 2006
Quote
What the experts made of 2006 – and predict for 2007
by Rosemary Gallagher
Alan Steel said, “Whatever you do, don’t listen to those pesky pessimists.”
Daily Telegraph
30 December 2006
Quote
Experts’ New Year Resolutions
by the editor
Alan Steel reminds us to get worried about stock markets when things look perfect.
Daily Telegraph
30 December 2006
Quote
2007 Financial Forecasts
by the editor
Alan Steel’s financial forecast for 2007.
ASAM
22 December 2006
Article
Letter from Linlithgow - December 2006
by Alan Steel
Alan Steel said, “If you concentrate on the wrong factors you’ll miss the gorilla in 2007."
Scotsman
9 December 2006
Article
So Brown is the best Chancellor ever? Yo-ho-ho
by Alan Steel
Alan Steel said, “If Gordon Brown was Santa Claus, Christmas would be a huge disappointment.”
Scotsman
9 December 2006
Quote
The performance so far in the Scotsman IFA of the Year Competition 2006-07.
by John Chatfeild-Roberts
£50,000 investment challenge.
Sunday Herald
3 December 2006
Quote
How to make new ISA freedom work for you
by Nic Cicutti
Alan Adam, Financial Consultant, said, “We do not expect this is suddenly going to accelerate now that they can switch cash into equity funds.”
Scotsman
2 December 2006
Quote
Chancellor seems to lack property of mercy on IHT
by Rosemary Gallagher
Alan Steel said, “Raising the threshold in line with house prices would primarily benefit people in London.”
Daily Telegraph
2 December 2006
Quote
Buy USA
by Faith Archer
Alan Steel said, "The US is the great unloved, and when something is grossly undervalued, history tells us that now is a good time to invest."
ASAM
1 December 2006
Article
Informing You - December 2006
by Alan Steel
"Hopefully we can bring some laughter into your home."
Glasgow Herald
20 November 2006
Article
Whatever happened to principles?
by Simon Bain
Alan Steel voiced his concerns.
Sunday Times
12 November 2006
Quote
Beware the hard sell on pensions
by Philip scott
Alan Steel says it leaves him speechless.
Scotsman
11 November 2006
Article
Take good advice to avoid the commission rip-off
by Alan Steel
Alan Steel said, “Commission is voluntary; you don’t have to pay these obscene charges.”
The Times
11 November 2006
Quote
Fine-tuning a chorister’s finances
by Magnus Grimond
Alan Steel gives his advice.
Scotland on Sunday
5 November 2006
Quote
Pocketing your pension pot
by Teresa Hunter
Alan Steel said the charges were obscene. “If companies think they can justify this, they must be living on another planet.”
Sunday Telegraph
5 November 2006
Quote
Scotsman
4 November 2006
Quote
An investment with good properties
by Rosemary Gallagher
Alan Steel said, “Investing in property comes with long-term agreements and it can be difficult to move assets.”
Scotsman
1 November 2006
Quote
FSA in radical overhaul of retail rules
by Rosemary Gallagher
Alan Steel said, “If the FSA had adopted basic principles of commonsense, consumers would be in a better position.”
Citywire Funds Insider
1 November 2006
Quote
The Virgin index tracker proves that cheap and cheerful is not the way to gain access to the stockmarket. One to sell.
by Dylan Lobo
Adam Adam, Financial Consultant, said “By opting for a tracker, I believe it comes into the “if you buy cheap you buy dear in the long-term” camp.
ASAM
1 November 2006
Article
Informing You - November 2006
by Alan Steel
"I thought this month I would concentrate on facts and leave you to form the opinions."
Sunday Herald
29 October 2006
Quote
Premium Bonds scoop £32bn as public tries to play it safe
by Nic Cicutti
Alan Steel says its when premium bonds become an alternative to a serious saving strategy that he has a problem.
The Times
25 October 2006
Quote
Bolton’s exit not linked to charge cut, says Fidelity
by Magnus Grimond
Alan Steel suggested that some of the criticism of the handover of Mr Bolton’s fund was motivated by a desire by IFAs to earn fees. “I think a lot of IFAs are taking the opportunity to churn their clients’ money and earn extra commission,” he said.
Reuters (London)
19 October 2006
Quote
Tory tax reform proposals - promise for the rich?
by Jennifer Hill
Alan Steel said judging by historical evidence tax cuts had benefited consumers and the economy.
Scotsman
14 October 2006
Article
Ibiza is still the place to be – or should that be Linlithgow?
by Alan Steel
Alan Steel reckons the world is wakening up to the next phase of the bull market.
Sunday Express
8 October 2006
Quote
Fund managers fail to keep up with recovery
by Jenne Mannion
Alan Adam, Financial Consultant, says, “The 25 per cent of fund managers who can outperform the stockmarket tend to do so consistently, year in year out.”
Scotsman
7 October 2006
Quote
Troublesome markets set a tough test for our IFA hopefuls
by Edward Bonham Carter
Jupiter says, with equity markets staging a setback at the time the competition started, David took a bold stance in holding back half the portfolio in cash. He has since used that market weakness to put some of that cash into growth-orientated funds. This looks sensible, as growth stocks are well placed to outperform.
Daily Telegraph
3 October 2006
Quote
Are you paying too much for your pension?
by John Greenwood and Teresa Hunter
Alan Steel believes that without guarantees many investors are best advised to move their funds elsewhere.
ASAM
2 October 2006
Article
Informing You - October 2006
by Alan Steel
"We're fine - just fine."
Scotland on Sunday
1 October 2006
Quote
When to take the money and run
by Teresa Hunter
Alan Adam, Financial Consultant, believes that without guarantees many investors are best advised to move their funds elsewhere.
Daily Telegraph
30 September 2006
Quote
Personal Account
by Ian Cowie
Steven Forbes contrasted blanket coverage of scare stories such as the millennium bug and bird flu with the embarrassed silence that followed in most of the media after these threats failed to materialise.
ASAM
25 September 2006
Article
Letter from Linlithgow – September 2006
by Alan Steel
Alan Steel says, “Hang on to your hats!”
Scotsman
16 September 2006
Article
Educated in the true art of investment finance by Uncle Archie
by Alan Steel
Alan Steel said, “Where are today’s bargains? Well, if I were to tell you that most extreme pessimistic readings lie in growth and technology shares, would you have the courage to buy them?”
Scotsman
9 September 2006
Article
Things are looking up but we must be wary of any slowdown in the key US markets
by John Chatfeild-Roberts
David Scott said, “I am not concerned I am slightly behind the others at this stage because I have kept the gunpowder dry during the uncertain Summer and am confident I will catch up quickly over the next few months.”
Scotland on Sunday
3 September 2006
Article
Before you invest, make sure you’re on the right track
by Alan Steel
Alan Steel said, “The findings are bad news for those in funds that match or track the index.”
Scotland on Sunday
3 September 2006
Quote
Hoping they’re safe as houses
by Lindsey Rogerson
Steven Forbes is more wary and believes that REITs could be “potentially dangerous”.
Daily Telegraph
2 September 2006
Quote
St Leger Day saying rings true for this year's shares
by Faith Archer
Alan Steel takes a different tack.
ASAM
1 September 2006
Article
Informing You - September 2006
by Steven Forbes
"Take heart from the bad news."
Daily Telegraph
26 August 2006
Quote
Low-risk choice not always the best as it limits the gain
by Harriet Meyer
Alan Steel does not believe now is the right time to invest in protected funds.
Scotsman
19 August 2006
Article
Savings terms have real cash value
by Alan Steel
Alan Steel says to keep it simple and flexible, shop around, find the best fund managers and don’t pay through the nose.
Scotsman
5 August 2006
Article
Scott breaks cover to make first changes
by the editor
David Scott has become the first contestant to make changes to his portfolio.
ASAM
1 August 2006
Article
Informing You - August 2006
by Steven Forbes
"I wouldn't be surprised if the apprentice outperformed the master."
ASAM
24 July 2006
Article
Letter from Linlithgow – July 2006
by Alan Steel
Alan Steel said, “After the continuing nervousness in the stockmarkets, I thought it’d be helpful to give you some perspective on where we really are and what should be happening next.”
Scotsman
22 July 2006
Article
Personal Service – avoid it if you can
by Alan Steel
Alan Steel said, “I find it so appalling that widespread mis-selling appears still to be going on, still ignored by Regulators and practiced openly on our High Streets.”
Scotsman